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NewSat enters trading halt

NewSat enters trading halt

Satellite operator NewSat (ASX:NWT) has entered a trading halt while it prepares to announce a “significant transaction.”

The company said it intended to make the announcement on February 1, and has requested that the halt be lifted then.

NWT shares fell 12.5% on Friday, prior to the freeze, to close at $0.007.

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Tags satelliteNewSattrading haltASX:NWT

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